HOME Top Market Reports Flight Data Monitoring Market by Solution Type (On Board, On Ground), Component (FDM Service, FDM System, FDM Software), End User (Fleet Operators, Drone Operators, FDM Service Providers, Investigation Agencies), Region - Global Forecast to 2022

Flight Data Monitoring Market by Solution Type (On Board, On Ground), Component (FDM Service, FDM System, FDM Software), End User (Fleet Operators, Drone Operators, FDM Service Providers, Investigation Agencies), Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2018
Report Code: AS 2904

 

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The flight data monitoring market is estimated to grow from USD 3.45 Billion in 2016 to USD 5.34 Billion by 2022, at a CAGR of 7.55% from 2017 to 2022. Objectives of this study are to analyze the flight data monitoring market, along with its statistics from 2017 to 2022. It also aims to define, describe, and forecast the flight data monitoring market on the basis of end user, solution type, component, and region. The year 2016 has been considered as the base year for the study, whereas, the forecast period is from 2017 to 2022.

This research study involved extensive use of secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva to identify and collect relevant information on the flight data monitoring market. Primary sources included industry experts from the concerned market as well as preferred suppliers, manufacturers, solution providers, technology developers, alliances, and organizations related to all the segments of the industry’s value chain. Both, top-down and bottom-up approaches were used to estimate and validate the size of the flight data monitoring market.

After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives of leading companies operating in the flight data monitoring market. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of profiles of primaries has been depicted in the figure below:

Flight Data Monitoring Market

To know about the assumptions considered for the study, download the pdf brochure

The flight data monitoring market ecosystem comprises flight data software, system, and service providers, such as Curtiss Wright (US), Teledyne Controls LLC (US), Safran Electronics & Defense (US), Guardian Mobility (US), Flight Data Services Ltd. (US), and Scaled Analytics Inc. (US).

Target Audience for this Report:

  • Private Aircraft Operators
  • UAV Operators
  • Aviation Industry
  • Technology Support Providers
  • Aircraft Data Analysis Service Providers
  • Scientific Research Centers across Regions

“This study on the flight data monitoring market answers several questions for the stakeholders, primarily, which market segments to focus on in the next two to five years for prioritizing their efforts and investments.”

Scope of the Report

This research report categorizes the flight data monitoring market into the following segments:

  • Flight Data Monitoring Market, by End User  
    • Fleet Operators
    • Drone operators
    • FDM Service Providers
    • Investigation Agencies
  • Flight Data Monitoring Market, by Solution Type
    • On Board
    • On Ground
  • Flight Data Monitoring Market, by Component
    • FDM Service
    • FDM Software
    • FDM System
  • Flight Data Monitoring Market, by Region
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (Latin America, Middle East, and Africa)

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per specific needs of the companies. The following customization options are available for the report on the flight data monitoring market:

  • Regional Analysis
    • Further breakdown of the Rest of the World flight data monitoring market
  • Company Information
    • Detailed analysis and profiling of the additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Study Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities in the Flight Data Monitoring Market
    4.2 Flight Data Monitoring Market, By Component
    4.3 Flight Data Monitoring Market, By Service Type
    4.4 Flight Data Monitoring Market, By Solution Type
    4.5 Flight Data Monitoring Market, By End User
    4.6 Flight Data Monitoring Market Growth Analysis, By Country

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Flight Data Monitoring Market, By Component
           5.2.2 Flight Data Monitoring Market, By Solution Type
           5.2.3 Flight Data Monitoring Market, By End User
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Need for Situational Awareness
                    5.3.1.2 Reducing Unscheduled Maintenance and Increasing Asset Utilization
                    5.3.1.3 Cost-Effective Maintenance
                    5.3.1.4 Increasing Volume of Data Generated for Analysis in the Aviation Industry
                    5.3.1.5 Increase in Aircraft Deliveries
           5.3.2 Restraints
                    5.3.2.1 Certification Clearance
                    5.3.2.2 Environmental Parameters
                    5.3.2.3 Lack of Expertise
           5.3.3 Opportunities
                    5.3.3.1 Increasing Demand for Real-Time Analytics in the Aviation Industry
                    5.3.3.2 Usage of Wireless Sensors for Flight Data Monitoring
           5.3.4 Challenges
                    5.3.4.1 Assurance of the Quality and Accuracy of Information Received By Flight Data Monitoring
                    5.3.4.2 Ageing Aircraft

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Decision Support Provided By Flight Data Monitoring
    6.3 Flight Data Monitoring Over Non-Destructive Testing
    6.4 Big Data: Crucial Role to Play in Flight Data Monitoring Market
    6.5 Advancements in Technology Contributing to Cheaper Prices
    6.6 Technology Trends
           6.6.1 Cloud/Satellite Based Architecture Solution for Flight Data Recorder
           6.6.2 Wireless Sensor for Measuring In-Flight Torque Data
           6.6.3 In-Flight Voice Recognition to Make Cockpit Voice Recorder More Efficient
                    6.6.3.1 Flight Safety Mandates Concerning Cockpit Voice Recorder (CVR) Preferred By the European Aviation Safety Agency
           6.6.4 Advanced All-In-One Flight Data Recorder
           6.6.5 Crash-Protected Flight Recorder
           6.6.6 Flight Messenger to Monitor Maintenance Needs
    6.7 Patent Analysis
    6.8 Key Trend Analysis

7 Flight Data Monitoring Market, By Solution Type (Page No. - 57)
    7.1 Introduction
    7.2 on Board Solution
    7.3 on Ground Solution

8 Flight Data Monitoring Market, By Component (Page No. - 60)
    8.1 Introduction
    8.2 FDM Service
           8.2.1 Flight Data Analysis Service
           8.2.2 Flight Operations Quality Assurance (Foqa)
           8.2.3 Helicopter FDM (Hfdm)
           8.2.4 Training & Simulation
           8.2.5 FDR Readouts
           8.2.6 Condition Monitoring
           8.2.7 Maintenance Monitoring
           8.2.8 Inspection
           8.2.9 FDM Consulting
    8.3 FDM System
           8.3.1 FD Recorder & Storage Unit
                    8.3.1.1 Rugged Mission Recorder
                    8.3.1.2 Crash Protected Data Recorder (CPDR)
                               8.3.1.2.1 Tape-Based Flight Data Recorder (TBFDR)
                               8.3.1.2.2 Solid State Flight Data Recorder (SSFDR)
                               8.3.1.2.3 Combined Voice & Data Recorder
                    8.3.1.3 Cockpit Video Recorder
                    8.3.1.4 Engine Monitoring Recorder
                    8.3.1.5 Cockpit Voice Recorder (CVR)
                    8.3.1.6 Usage Monitoring Recorder
                    8.3.1.7 Quick Access Data Recorder
                               8.3.1.7.1 Tape
                               8.3.1.7.2 Optical
                               8.3.1.7.3 Pcmcia
                               8.3.1.7.4 Mini AQR
                               8.3.1.7.5 Wireless AQR
           8.3.2 Flight Data Acquisition Unit
           8.3.3 Flight Data Concentrator Unit
    8.4 FDM Software
           8.4.1 Flight Data Visualization Software
           8.4.2 Flight Data Analysis Software
           8.4.3 Flight Data Information Reporting Software
           8.4.4 Flight Data Cloud Software

9 Flight Data Monitoring Market, By End User (Page No. - 70)
    9.1 Introduction
    9.2 Fleet Operators
           9.2.1 Commercial Aviation
           9.2.2 Military Aviation
    9.3 Drone Operators
    9.4 Investigation Agencies
    9.5 FDM Service Providers

10 Flight Data Monitoring Market, By Geography (Page No. - 76)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
     10.3 Europe
             10.3.1 France
             10.3.2 UK
             10.3.3 Germany
             10.3.4 Russia
             10.3.5 Ireland
             10.3.6 Spain
             10.3.7 Netherlands
             10.3.8 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 Australia
             10.4.5 Rest of Asia Pacific
     10.5 Rest of the World
             10.5.1 Middle East
             10.5.2 Latin America
             10.5.3 Africa

11 Competitive Landscape (Page No. - 110)
     11.1 Introduction
     11.2 Market Ranking
     11.3 Competitive Situation and Trends

12 Company Profiles (Page No. - 114)
(Overview, Products and Services, Financials, Strategy & Development)*
     12.1 Curtiss-Wright
     12.2 Flyht
     12.3 Safran Electronics & Defense
     12.4 Skytrac
     12.5 Teledyne Controls
     12.6 Flight Data Services
     12.7 Flight Data Systems
     12.8 Flightdatapeople
     12.9 Guardian Mobility
     12.10 Scaled Analytics

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

13 Appendix (Page No. - 135)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customization
     13.5 Related Reports
     13.6 Author Details


List of Tables (83 Tables)

Table 1 Need for Network, Threat, and Mission Awareness (2017-2022)
Table 2 US: Boeing 737 Sensor Data From Cross-Country Flight
Table 3 Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 4 Flight Data Monitoring Market Size, By Component, 2015−2022 (USD Million)
Table 5 FDM Service Market Size, By Type, 2015−2022 (USD Million)
Table 6 FDM System Market Size, By Subcomponent, 2015−2022 (USD Million)
Table 7 Flight Data Recorder & Storage Unit Market Size, By Recorder Type, 2015−2022 (USD Million)
Table 8 FDM Software Market Size, By Type, 2015−2022 (USD Million)
Table 9 Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 10 Flight Data Monitoring Market Size, By Fleet Operators, 2015-2022 (USD Million)
Table 11 Flight Data Monitoring Market Size, By Commercial Aviation, 2015-2022 (USD Million)
Table 12 Flight Data Monitoring Market Size, By Military Aviation, 2015-2022 (USD Million)
Table 13 Flight Data Monitoring Market Size, By Region, 2015-2022 (USD Million)
Table 14 North America: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 15 North America: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 16 North America: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 17 North America: Flight Data Monitoring Market Size, By Country, 2015-2022 (USD Million)
Table 18 US: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 19 US: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 20 US: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 21 Canada: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 22 Canada: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 23 Canada: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 24 Europe: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 25 Europe: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 26 Europe: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 27 Europe: Flight Data Monitoring Market Size, By Country, 2015-2022 (USD Million)
Table 28 France: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 29 France: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 30 France: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 31 UK: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 32 UK: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 33 UK: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 34 Germany: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 35 Germany: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 36 Germany: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 37 Russia: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 38 Russia: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 39 Russia: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 40 Ireland: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 41 Ireland: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 42 Ireland: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 43 Spain: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 44 Spain: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 45 Spain: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 46 Netherlands: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 47 Netherlands: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 48 Netherlands: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 49 Rest of Europe: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 50 Rest of Europe: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 51 Rest of Europe: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 52 Asia Pacific: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 53 Asia Pacific: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 54 Asia Pacific: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 55 Asia Pacific: Flight Data Monitoring Market Size, By Country, 2015-2022 (USD Million)
Table 56 China: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 57 China: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 58 China: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 59 Japan: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 60 Japan: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 61 Japan: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 62 India: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 63 India: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 64 India: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 65 Australia: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 66 Australia: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 67 Australia: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 68 Rest of Asia Pacific: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 69 Rest of Asia Pacific: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 70 Rest of Asia Pacific: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 71 Rest of the World: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 72 Rest of the World: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 73 Rest of the World: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 74 Rest of the World: Flight Data Monitoring Market Size, By Region, 2015-2022 (USD Million)
Table 75 Middle East: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 76 Middle East: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 77 Middle East: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 78 Latin America: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 79 Latin America: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 80 Latin America: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)
Table 81 Africa: Flight Data Monitoring Market Size, By Component, 2015-2022 (USD Million)
Table 82 Africa: Flight Data Monitoring Market Size, By Solution Type, 2015-2022 (USD Million)
Table 83 Africa: Flight Data Monitoring Market Size, By End User, 2015-2022 (USD Million)


List of Figures (45 Figures)

Figure 1 Flight Data Monitoring Information Flow
Figure 2 Flight Data Monitoring Market Segmentation
Figure 3 Study Years
Figure 4 Research Process Flow
Figure 5 Research Design
Figure 6 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 7 Bottom-Up Approach
Figure 8 Top-Down Approach
Figure 9 Data Triangulation
Figure 10 FDM Service Component Segment Projected to Lead Flight Data Monitoring Market During Forecast Period
Figure 11 On Ground Solution Segment Estimated to Account for Larger Share of Flight Data Monitoring Market in 2017
Figure 12 Fleet Operators Segment Estimated to Account for Largest Share of Flight Data Monitoring Market in 2017
Figure 13 Flight Data Monitoring Market in Asia Pacific Projected to Grow at Highest CAGR During Forecast Period
Figure 14 Increased Focus on Cost-Effective Aircraft Maintenance, Increasing Aircraft Deliveries, and Growing Situational Awareness to Drive Operations are Expected to Fuel Growth of Flight Data Monitoring Market During Forecast Period
Figure 15 Flight Data Monitoring Service Segment Projected to Be Largest Component Segment During Forecast Period
Figure 16 FD Analysis Service Segment Projected to Be Largest FDM Service Segment Till 2022
Figure 17 On Ground Solution Segment Projected to Be Largest Solution Type Segment Till 2022
Figure 18 Fleet Operators Segment Projected to Be Largest End User Segment of Flight Data Monitoring Market Till 2022
Figure 19 India Projected to Be Fastest-Growing Market for Flight Data Monitoring During Forecast Period
Figure 20 Flight Data Monitoring Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Airbus and Boeing Aircraft Fleet Size Comparison By 2035
Figure 22 Efficiency of Flight Data Monitoring
Figure 23 Flight Data Monitoring Market: Importance of Aviation Analytics
Figure 24 Consumer Price Indexes for Televisions, Computers, Software, and Related Items in the US (1997-2015)
Figure 25 On Ground Solution Segment Expected to Grow at Higher CAGR During Forecast Period
Figure 26 Flight Data Monitoring Market, By Component, 2017 & 2022 (USD Million)
Figure 27 Drone Operators Segment Expected to Grow at Highest CAGR During Forecast Period
Figure 28 Commercial Aviation Under Fleet Operators Segment Expected to Grow at Higher CAGR During Forecast Period
Figure 29 Fixed Wing Aircraft Under Commercial Aviation Segment Expected to Grow at Higher CAGR During Forecast Period
Figure 30 Fixed Wing Aircraft Under Military Aviation Segment Expected to Grow at Higher CAGR During Forecast Period
Figure 31 North America Estimated to Account for Largest Share of Flight Data Monitoring Market in 2017
Figure 32 North America: Flight Data Monitoring Market Snapshot
Figure 33 Europe: Flight Data Monitoring Market Snapshot
Figure 34 Asia Pacific: Flight Data Monitoring Market Snapshot
Figure 35 Growth Strategies Adopted By Key Players
Figure 36 Market Ranking
Figure 37 Contracts & Agreements Was the Most Commonly Adopted Growth Strategy
Figure 38 Contracts & Agreements Accounted for Major Share of Overall Developments By Key Players in Flight Data Monitoring Market
Figure 39 Curtiss-Wright : Company Snapshot
Figure 40 Curtiss-Wright : SWOT Analysis
Figure 41 Flyht: Company Snapshot
Figure 42 Flyht: SWOT Analysis
Figure 43 Safran Electronics & Defense: SWOT Analysis
Figure 44 Skytrac: SWOT Analysis
Figure 45 Teledyne Controls: SWOT Analysis

The flight data monitoring market is projected to grow from USD 3.71 Billion in 2017 to USD 5.34 Billion by 2022, at a CAGR of 7.55% from 2017 to 2022. The increasing demand for enhanced situational awareness for efficient airline operations, need to reduce the cost of unscheduled maintenance, increasing volume of data generated by the aviation industry, and rise in aircraft deliveries are factors that are expected to drive the flight data monitoring market.

Based on component, the FDM service segment is estimated to lead the flight data monitoring market in 2017.  Factors such as increasing aircraft deliveries and the demand for the improved operational efficiency of airlines are fueling the growth of the FDM service segment.

Based on solution type, the on ground segment is expected to lead the flight data monitoring market during the forecast period. The increasing use of the ground-based flight data monitoring analysis software is driving the on ground segment.

Based on end user, the fleet operators segment is estimated to account for a major share of the flight data monitoring market in 2017. The increasing fleet size of major airlines in the APAC region is driving the flight data monitoring market.

Major system manufacturers, software developers, and service providers in the flight data monitoring market are located in the US, the UK, and France.  Europe and the Asia Pacific are the prime markets for service providers. This market study further analyses market drivers, restraints, opportunities, and challenges to access the impact of these factors on the market.

Key players operating in this market include Curtiss Wright Corporation (US), FLYHT Aerospace Solutions Ltd. (Canada), Safran Electronics & Defense (France), and Skytrac Systems Ltd. (Canada).

Flight Data Monitoring Market

North America is estimated to account for the largest share of the flight data monitoring market in 2017. This share of North America can be attributed to the large aircraft fleet size as well as the presence of component manufacturers and service providers in the US. However, the market in the Asia Pacific is projected to grow at the highest CAGR of 9.80% during the forecast period due to the growing demand for aircraft and flight data monitoring services from Asia Pacific countries in recent years.

Significant investments are required at different stages of the value chain of the flight data monitoring market (especially in the R&D, manufacturing, system integration, and assembly stages). Products offered by various companies operating in the flight data monitoring market have been listed in the report. The recent developments section of the report provides information on the strategies adopted by various companies to strengthen their positions in the flight data monitoring market. Key players operating in this market include Curtiss Wright Corporation (US), FLYHT Aerospace Solutions Ltd. (Canada), Safran Electronics & Defense (France), and Skytrac Systems Ltd. (Canada).

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